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home / news releases / USPH - U.S. Physical Therapy acquires 70% stake in 6-clinic practice

USPH - U.S. Physical Therapy acquires 70% stake in 6-clinic practice

U.S. Physical Therapy Inc.

  • U.S. Physical Therapy ( NYSE: USPH ) acquired a 70% equity interest in a six-clinic physical therapy practice for ~$3.5M.
  • The clinics are located in West Virginia and Pennsylvania.
  • USPH said the founder and owners retained the remaining 30%.
  • The business generates more than $2.5M in annual revenue and has ~26K patient visits per year, said the company in a Sept. 1 press release.

For further details see:

U.S. Physical Therapy acquires 70% stake in 6-clinic practice
Stock Information
Company Name: U.S. Physical Therapy Inc.
Stock Symbol: USPH
Market: NYSE
Website: usph.com
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